BetaShares is seeking to roll out a currency exchange-traded fund (ETF) on the Australian Securities Exchange (ASX), Financial Standard reports. The new offering will permit trading on the stock exchange to take exposure to the U.S. dollar versus the Australian dollar The Australian-owned and managed firm is also planning to float leveraged, property and infrastructure ETFs in the future. BetaShares is associated with U.S.-based ETF issuer, BetaPro Management.
Click here for the story from Financial Standard.